The Connecticut Green Bank is the nation’s first green bank. It works with private-sector investors to create low-cost and long-term financing for sustainable projects. More specifically, it looks to support clean energy infrastructure improvements, accelerate the commercialization of clean energy sources, and stimulate demand for such sources using financing mechanisms such as warehousing, loan loss reserves, guarantees, and securitization. The Connecticut Green Bank houses the state’s Commercial Property Assessed Clean Energy (C-PACE) program, and green energy building solutions programs among other resources. The Connecticut Green Bank’s governing legislation calls for an emphasis providing support and funding opportunities to benefit communities in Connecticut that are being disproportionately impacted by climate change.
